81 Princeton Street, Medford, MA 02155
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$1,250,000
2 Unit
5 Beds
4 Baths
2561 SQFT
0.08 Acre

Property Description

Here’s your chance to own a beautifully updated two-family home in one of Medford’s most desirable neighborhoods—just moment from Tufts University, the Green Line, and convenient bus routes.Unit #1 features one bedroom plus a den, a finished basement offering additional flexible space, and easy access to the outdoors.Unit #2 spans two levels, offering three bedrooms (including a private suite on the third floor) and 1.5 baths. The bright, sun-filled layout includes an inviting living room and open-concept kitchen and dining area. The modern kitchen boasts stainless-steel appliances, a gas cooktop, wall oven, dishwasher, ample cabinetry, and an in-unit laundry area. Step outside to enjoy your private deck with seating area, perfect for relaxing or entertaining.Plenty of off-street parking, a two-car garage. Currently generating approximately $6,000 per month in rent, this property is ideal for both owner-occupants and investors. Don’t miss this opportunity.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Basement Features: Full, Partially Finished
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den
  • Common Interior Features: Heated Attic, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 72000
  • Gross Expenses: 12000
  • Net Operating Income: 60000

Utilities

  • Heat Zones: 2
  • Cooling Zones: 3
  • Electric Info: Circuit Breakers, Other (See Remarks), Underground
  • Energy Features: Storm Windows
  • Utility Connections: Washer Hookup, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73447158
  • Last Updated: 11/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/27/2025Active$1,250,000$488MLSPIN
10/23/2025New$1,250,000$488MLSPIN
07/20/2023Sold$1,010,000$394MLSPIN
07/12/2023Under Agreement$1,099,000$429MLSPIN
06/28/2023Contingent$1,099,000$429MLSPIN
06/12/2023Active$1,099,000$429MLSPIN
06/08/2023New$1,099,000$429MLSPIN

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Seller's Representative: Sharon Tang, U3 Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-13 16:02:00